Uxin Ltd. UXIN

What this company does

Through its inventory-owning model, Uxin provides customers a transaction solution that encompasses the entire value chain, ranging from used-car acquisition, inspection and reconditioning, warehousing, as well as pre-sales and after-sales services. For the fiscal year ended December 31, 2025, its vehicle sales volume was 57,408, of which retail vehicle sales volume was 51,110 and wholesale vehicle sales volume was 6,298. Its used car superstores directly serve regional customers in Xi'an, Hefei, Wuhan, Zhengzhou, Jinan and Tianjin, and also cover customers in Shaanxi, Anhui, Hubei, Henan, Shandong provinces, and Tianjin municipality. Its vehicle sales business consists of retail vehicle sales business and wholesale vehicle sales business. Acquired vehicles that meet its retail standards are delivered to its used car superstores for further inspection and reconditioning, and then sold to customers, in what it refers to as its retail vehicle sales business. Vehicles it acquires from customers, either as trade-ins or independent of a retail sale, that do not meet its retail standards to list and sell are wholesaled via offline channels, in what it refers to as its wholesale vehicle sales business. Uxin has accumulated data on its platform for more than 10 years since its inception in 2011, including user behavioral data and data on used cars and used car transactions.

Written from the business description in Uxin Ltd's annual report to the U.S. Securities and Exchange Commission, filed 30 April 2026. Every sentence was checked against that document before publication.